$CFX So, this was the reason?

UBS places Permian Resources Corp as its top choice among oil & gas companies positioned for value creation through consolidation. The company primarily operates in the Permian Basin, one of the most productive oil-producing regions in the United States.
Permian Resources reported a fourth-quarter 2025 earnings per share of $0.37, surpassing analyst estimates, although revenue of $1.17 billion was below expectations.
#GateSquareAprilPostingChallenge

#CryptoMarketRecovery Key Market Drivers
1. The Hormuz "Fear Premium"
The Strait remains the ultimate "black swan" variable. With 20% of global supply at stake, the market isn't pricing based on what is happening, but what could happen. This creates a feedback loop where rumor carries as much weight as reality.
2. Iran’s Administrative Friction
The $1/barrel fee is a psychological masterstroke. While the fiscal cost is negligible, the operational friction is significant:
Crypto-compliance: Adds layers of digital red tape.
Inspection Delays: Turns the Strait into a bottleneck.
Symbolism: Reasse

Is the plunge in oil prices a fake fall? The real drama is still in the Strait of Hormuz
Don’t be fooled by the sharp drop in oil prices; this is more like a downhill ride of "market sentiment" than the end point.
The only key variable is: Strait of Hormuz
It controls about 20% of global oil transportation. If issues arise again, oil prices can quickly shift from "plummeting" to "rocket" mode.
So the current logic is quite interesting:
👉 The market is betting on "ceasefire continuing"
👉 But geopolitical risks have not disappeared
My judgment:
* The war will not escalate fully i

Gate Square Daily | Apr 10
1️⃣ Geopolitics: Iran continues to control the Strait of Hormuz. North Sea oil prices hit a record high.
2️⃣ Markets: The crypto sector rebounds. BTC rises 2.01%, while AI and GameFi see slight declines.
3️⃣ Project Updates: WLFI plans to submit a proposal next week to unlock early tokens.
4️⃣ Regulation: U.S. Treasury Secretary Bessent urges progress on the CLARITY Act and calls for it to be sent to Trump for signing.
5️⃣ Institutions: Bitmine expands its stock buyback plan to $4B.

🗣 President Trump says if Iran is charging tankers fees to cross the Strait of Hormuz, they "better stop now."

Ethereum’s $2.1B Leverage Flush Was Not a Breakdown Signal: What It Really Means
#GateSquareAprilPostingChallenge
▪️A Necessary Market Reset
The recent $2.1 billion liquidation event in Ethereum may have looked like the start of a breakdown, but in reality, it reflects a routine market reset. Rather than signaling weakness, it exposed how overheated the derivatives market had become.
▪️What Actually Happened
As Ethereum gained momentum, many traders leaned heavily into leveraged long positions. This created an unstable structure where even a small price pullback could trigger forced liquidati

#OilEdgesHigher
The current upward movement in oil prices requires a deeper lens—because what we are witnessing is not just a simple rebound, but a multi-layered repricing process driven by geopolitics, liquidity cycles, and macroeconomic uncertainty. As of April 2026, oil is transitioning through a post-shock recalibration phase, where markets are actively reassessing both risk and value.
Macro Layer: Structural Forces Behind Oil’s Direction
At the macro level, oil is being influenced by three dominant forces:
1. Geopolitical Fragility Still Exists
Despite the temporary easing of tensions fo

Asian stock markets performed strongly in early trading, with the ChiNext Index hitting a 21-year high, the Nikkei 225 rising 1.7%, and U.S. stock futures fluctuating narrowly. The overall external markets are neutral to slightly bullish. The only thing to watch is that U.S. stocks have now risen for seven consecutive days, and with many uncertainties on Friday's trading day, risk should be noted. #加密市场回升

#CanaryFilesSpotPEPEETF
The meme coin revolution just hit the institutional jackpot.
On April 8, 2026, asset manager Canary Capital Group LLC officially filed Form S-1 with the U.S. Securities and Exchange Commission to launch the Canary PEPE ETF – the first-ever spot exchange-traded fund dedicated to the Pepe memecoin. This isn’t some vague proposal or futures-based product. It’s a true spot ETF that will hold actual PEPE tokens on the Ethereum blockchain, giving everyday investors regulated, brokerage-account access to one of the most explosive meme assets in crypto history.
Let’s break th

Stop envying early investors; this time you can also "pretend to be a VC"
Many people see a certain company going public and skyrocketing, and their first reaction is:
"Why didn't I buy earlier?"
Now the question is—
If you really could have bought earlier, would you dare to buy?
Gate Pre-IPO gives you this opportunity, and also presents you with this challenge.
My personally most confident directions are clear:
👉 AI + Web3 integration projects
👉 Digital asset financial service providers
👉 Cross-border payment and stablecoin-related companies
Why? Because these fields shar

What happened last night in the crypto market?
• The Crypto Fear and Greed Index dropped to 16, indicating extreme fear as Bitcoin now exceeds $72,000.
• Bittensor's TAO cryptocurrency fell more than 20% following Covenant AI's withdrawal.
• Morgan Stanley bought 444 BTC on the first day of its Bitcoin ETF launch.
• Scott Bessent and Jerome Powell urgently summoned Wall Street executives to discuss the risks of the Mythos model developed by Anthropic.
• Coinbase CEO Brian Armstrong called for the adoption of the "Clarity Act" on cryptocurrencies and thanked senators for their bipartisan work.

Bitcoin Holds the Line, SHIB Rebuilds Strength, XRP Hints at Quiet Shift
#GateSquareAprilPostingChallenge
▪️Bitcoin Tests a Critical Floor
Bitcoin is currently circling one of its most important psychological levels, $70,000. Price action suggests pressure, but not weakness. What’s happening looks more like a controlled consolidation than a breakdown.
There’s clear evidence of profit-taking after recent highs, combined with reduced momentum from leveraged traders. Still, the underlying demand hasn’t disappeared. Long-term holders remain steady, and that stability is what continues to defend t

Bitcoin weekly RSI just broke a massive downtrend line
First time since October 📉
Last time we saw this exact RSI breakout was early 2023
We pumped from 20k straight to 30k right after 🚀
Selling pressure is exhausting
Momentum is shifting back to the bulls
But do not ape in blindly yet ⚠️
RSI is early but price action is king
We need big volume to smash key resistance before calling the real bull market
Watch the charts closely
Stay safe anon 🧠
#btc

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#$BONK Bonk (BONK) has shown mixed but volatile momentum in early 2026, reflecting broader memecoin market activity on the Solana ecosystem. Recent data indicates short-term price rebounds driven by increased trading volume and renewed retail interest, with occasional double-digit intraday gains during bullish sessions. However, overall sentiment remains cautious as technical indicators still show resistance from previous downtrend zones. Market activity is also influenced by rising derivatives interest and speculative inflows across Solana-based tokens. Despite volatility, BONK continues to b

#AreYouBullishOrBearishToday? 📊
Markets never sleep, and neither do opportunities. Some days feel like a strong uptrend 🚀, while others test patience with dips 📉.
Today, it’s all about strategy, mindset, and staying ahead of the curve. Whether you’re bullish or bearish, smart moves always win.
So, where do you stand today — Bullish 🐂 or Bearish 🐻?

‼️Last week and this week’s long-term positions both made big gains‼️ The April 10 contract / spot orders have been updated 👇 In the crypto world, only follow the right people—thanks for everyone’s support. The lowest subscription price of 4gt for the year is now live, with over 430 subscribers 💰 Click below 👇
https://www.gate.com/zh/profile/ King of Bitcoin Returns
🔥 Recently raked in over 4.3 million USDT‼️ Last Monday 65,700/1955 long + Friday 65,950/2015 + Sunday 2020 + last night 2085 long, now at 73,150/2275—earning another 1.6 million‼️ #Meta推出AI模型MuseSpark